Table of Contents
- 1 Who are the top 5 trading partners for the USA?
- 2 Who are the top two export partners of the United States?
- 3 Who is the world’s largest importer?
- 4 Who is leading the world in trade?
- 5 Which two countries are economically interdependent?
- 6 Who is the US biggest trading partner?
- 7 Who are Mexico’s trading partners?
Who are the top 5 trading partners for the USA?
The top five purchasers of U.S. goods exports in 2019 were: Canada ($292.6 billion), Mexico ($256.6 billion), China ($106.4 billion), Japan ($74.4 billion), and the United Kingdom ($69.1 billion). U.S. goods exports to the European Union 27 were $267.6 billion.
Who are the top 10 largest trading partners of the United States?
Also shown is each import country’s percentage of total American exports.
- Canada: US$255.1 billion (17.8% of total US exports)
- Mexico: $212.7 billion (14.9%)
- China: $124.6 billion (8.7%)
- Japan: $64.1 billion (4.5%)
- United Kingdom: $59 billion (4.1%)
- Germany: $57.8 billion (4%)
- South Korea: $51.2 billion (3.6%)
Who are the top two export partners of the United States?
Year-to-Date Total Trade
| Rank | Country | Exports |
|---|---|---|
| 1 | Canada | 300.3 |
| 2 | China | 122.0 |
| 3 | Mexico | 226.2 |
| 4 | Japan | 65.1 |
What country is the US most dependent on?
The US is highly dependent on its neighbours, Canada and Mexico, for trade. The country’s top trading partner is Mexico, making up 14.8% of total trade. States close to Canada have strong trading links, with Montana importing 87% of goods from there and North Dakota exporting 84.6% of goods there.
Who is the world’s largest importer?
the U.S.
In 2020, the U.S. were the leading import country in the world with an import value of about 2.41 trillion US dollars.
Who is the US largest trading partner 2020?
China
In 2020, China was the top trading partner of the United States based on import value. In that year, U.S. imports from China totaled to 435.4 billion U.S. dollars. Mexico, Canada, Japan, and Germany rounded out the top five trading partners for the U.S. based on import value in that year.
Who is leading the world in trade?
the United States
With a share in world services exports of 14.4 per cent, and of 10.2 per cent in imports, the United States remained the world’s leading trader of commercial services in 2017, with US$ 761.7 billion in exports and US$ 516.0 billion in imports.
What is the leading export of the United States?
Searchable List of America’s Most Valuable Export Products
| Rank | US Export Product | 2020 Value (US$) |
|---|---|---|
| 1 | Processed petroleum oils | $60,709,450,000 |
| 2 | Crude oil | $50,285,962,000 |
| 3 | Cars | $45,642,596,000 |
| 4 | Integrated circuits/microassemblies | $44,212,664,000 |
Which two countries are economically interdependent?
BERLIN — The rapid growth of bilateral trade and the increasingly closer economic ties between Germany and China during the past 20 years has led the two countries’economic interdependence to an unprecedented level, a study showed on Tuesday.
What is US largest export?
Transportation equipment was the top commodity exported by the US last year, accounting for almost 18% of the country’s total exports. Petroleum and coal products are also among the top products exported by the United States.
Who is the US biggest trading partner?
The United States’ largest trading partner is Canada, mostly due to the close proximity of the two nations and the fact that Canada exports massive amounts of wood and oil.
Who are the United States trade partners?
The country had a positive trade balance with only six countries namely the UK, the Netherlands, Brazil, Belgium, Singapore, and Hong Kong. Other trade partners of the US are France, India, Taiwan, Italy, Switzerland, Ireland, Vietnam, and Malaysia.
Who are Mexico’s trading partners?
Mexico is one of the largest goods trading countries in the world. United States, followed by Germany, is the largest trading partner of Mexico.